Alpine Immune Sciences to Highlight Clinical Updates on Autoimmune and Immuno-Oncology Programs at Inaugural R&D Day

On September 12, 2022 Alpine Immune Sciences, Inc. (NASDAQ: ALPN), a leading clinical-stage immunotherapy company focused on developing innovative treatments for cancer and autoimmune and inflammatory diseases, reported clinical updates from two wholly owned programs, ALPN-303 and davoceticept (Press release, Alpine Immune Sciences, SEP 12, 2022, View Source [SID1234619404]). A broad development plan for ALPN-303 will be presented, including a proof-of-concept phase 2 study in systemic lupus erythematosus (SLE) and basket studies in renal, hematologic, and dermatologic autoimmune diseases, with initial clinical data from the baskets expected in the second half of 2023.

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"We are pleased to share these important updates which we believe strongly support and frame the next phase of development for these two programs," said Stanford Peng, MD, PhD, Alpine’s President and Head of R&D. "The initial healthy volunteer data with ALPN-303 suggest a differentiated and potentially best-in-class development profile, which we anticipate could have a meaningful impact on clinical outcomes in SLE and also potentially a wide range of autoantibody-related inflammatory diseases. Davoceticept, our lead Immuno-oncology program, continues to show encouraging signs of meaningful clinical activity with an acceptable safety profile. Renal cell carcinoma has emerged as a particular area of interest given the preliminary experience in both ongoing studies which correlates with existing translational data in the literature, supporting the importance of CD28 costimulation in this particular tumor type."

Mitchell H. Gold, MD, Alpine’s Executive Chairman and Chief Executive Officer, added, "Since our founding, we’ve made tremendous progress in advancing our platform and clinical pipeline. With these new data, we have set a clear path for the company with the goal of achieving proof-of-concept for all three development programs and of advancing each to pivotal and/or registrational studies, which will be transformational for the company."

In addition to Alpine management reviewing these data and planned clinical development plans, the R&D Day will also feature presentations by two leading experts, Vibeke Strand, MD, Biopharmaceutical Consultant and Adjunct Clinical Professor, Division of Immunology/Rheumatology, Stanford University School of Medicine, and Katy E. Beckermann, MD, PhD, Assistant Professor of Medicine, Division of Hematology/Oncology, Vanderbilt University Medical Center, who will review the current treatment landscape as well as the potential role for new treatment options in lupus and renal cell carcinoma (RCC), respectively.

R&D Day Program Highlights

ALPN-303

Well tolerated in healthy adults when administered intravenously or subcutaneously (SQ) at doses up to 960 mg.
Encouraging preliminary pharmacodynamic analyses, including reductions in circulating immunoglobulins and antibody-secreting cells (CD38hi plasmablasts/plasma cells) – the latter not previously reported with inhibitors of BAFF and/or APRIL in healthy adults, to the best of the Company’s knowledge.
Pharmacodynamic analyses further support the feasibility of convenient subcutaneous therapeutic dosing every four weeks, suggesting potential for more robust activity and greater convenience over related inhibitors of BAFF and/or APRIL.
– Doses selected for the next studies include 80 mg and 240 mg SQ every four weeks

The Company believes these encouraging data support a broad development plan including:
– A randomized, placebo-controlled phase 2 proof-of-concept study in SLE; and

– Open-label basket studies in renal, hematologic, and dermatologic autoimmune diseases with initial data anticipated in the second half of 2023.

"ALPN-303 is particularly exciting because it may be the first truly dual inhibitor of both BAFF and APRIL – a clinically validated target space for complex diseases like lupus," said Dr. Vibeke Strand. "This early human data suggest that ALPN-303 is in fact more potent and should be able to be more conveniently administered than existing candidates like the wild-type TACIs, which have already shown proof-of-concept in these diseases. Together with ALPN-303’s excellent initial tolerability, these findings strongly encourage further clinical development, and I look forward to continuing to work with this team and seeing the results of the planned studies."

Davoceticept (ALPN-202)

Engineered to provide PD-L1-dependent CD28 costimulation along with dual PD-L1/CTLA-4 checkpoint inhibition
Preliminary analyses of the ongoing dose escalation in NEON-2, the study of davoceticept in combination with pembrolizumab, show encouraging outcomes. These include evidence of tumor reduction in two subjects: a 37.8% reduction in prostate-specific antigen (PSA; 622.9 to 387.7 ng/mL) in a subject with castrate-resistant prostate cancer, and a 25.5% tumor volume reduction in a subject with poorly differentiated renal cell carcinoma (RCC) with prior primary resistance to pembrolizumab and axitinib. A third subject, with clear cell RCC including with prior primary resistance to nivolumab, achieved a durable confirmed partial response (-30%).
Across both the NEON-1 davoceticept monotherapy and NEON-2 studies, 2/5 (40%) and 3/5 (60%) of subjects have achieved a confirmed partial response or stable disease, respectively.
Dose escalation in NEON-2 is ongoing. In NEON-1, expansion cohorts in RCC, melanoma, and PD-L1-positive tumors are also ongoing.
"These initial data are compelling given the responses observed in PD-1 refractory RCC," remarked Dr. Beckermann. "Such findings are highly consistent with our own translational data demonstrating that the CD28 pathway may be relevant to the biology of treatment resistance — and strongly support further development of davoceticept, particularly in RCC."

Alpine R&D Day Conference Call and Webcast Information

A live webcast of the event will be available in the investor relations section of the company’s website at View Source A replay will be available on the Company’s website for 90 days following the live event.

About ALPN-303 and the Phase 1 (RUBY-1) Study

ALPN-303 is a dual B cell cytokine antagonist being developed for multiple autoimmune and/or inflammatory diseases. Based upon an engineered TACI (transmembrane activator and CAML interactor) domain, ALPN-303 in preclinical studies shows robust inhibition of B cell activating factor/B lymphocyte stimulator (BAFF, BLyS) and a proliferation inducing ligand (APRIL). These two pleiotropic B cell cytokines play key roles in B cell development, differentiation, and survival, and together contribute to the pathogenesis of multiple autoimmune diseases like systemic lupus erythematosus (SLE) and many other autoantibody-related inflammatory diseases. By simultaneously blocking these two cytokines, ALPN-303 has the potential to improve outcomes in patients suffering from severe autoimmune and/or inflammatory diseases. Alpine plans to conduct a phase 2 proof-of-concept study in SLE and open-label basket studies in renal, hematologic, and dermatologic autoimmune diseases, with the first of these anticipated to begin in the first half of 2023.

RUBY-1 (NCT05034484) is a phase 1, randomized, placebo-controlled study in healthy adult volunteers that has been designed to evaluate the safety, tolerability, pharmacokinetics, and pharmacodynamics of intravenously and subcutaneously administered ALPN-303.

About Davoceticept and the NEON Studies

Davoceticept (ALPN-202) is a first-in-class, conditional CD28 costimulator and dual checkpoint inhibitor intended for the treatment of cancer. Preclinical studies of davoceticept have successfully demonstrated superior efficacy in tumor models compared to checkpoint inhibition alone. NEON-1 (NCT04186637), a phase 1 monotherapy dose escalation and expansion study in patients with advanced malignancies, has completed dose escalation and is currently enrolling its expansion cohorts. NEON-2 (NCT04920383), a combination study of davoceticept (ALPN-202) and pembrolizumab, was initiated in June 2021.

Adaptive Biotechnologies Announces Non-Dilutive Royalty Financing with OrbiMed for Up to $250 Million

On September 12, 2022 Adaptive Biotechnologies Corporation (Nasdaq: ADPT), a commercial stage biotechnology company that translates the genetics of the adaptive immune system into clinical products to diagnose and treat disease, reported it has entered into a non-dilutive royalty financing agreement with OrbiMed for up to $250 million (Press release, Adaptive Biotechnologies, SEP 12, 2022, View Source [SID1234619403]). Proceeds from the agreement will strengthen Adaptive’s balance sheet, which stood at over $450 million in cash and marketable securities at the end of the second quarter of 2022, and provide the Company with additional capital to support its growth trajectory and path to profitability.

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"We are excited to work with OrbiMed on this creative royalty structure to continue unlocking the full potential of our immune medicine platform," said Chad Robins, Chief Executive Officer and Co-Founder of Adaptive Biotechnologies. "The agreement will extend our cash runway while providing flexibility to invest in growth initiatives in both our MRD and Immune Medicine business areas."

Under the agreement, Adaptive will receive an initial tranche of $125 million with the option to receive an additional $75 million, both for general corporate purposes. Adaptive can also access a third tranche of $50 million for potential M&A. OrbiMed will be entitled to receive 5% of the Company’s GAAP revenues, increasing to 8% and 10% if the second and third tranches are drawn, respectively.

"This investment reflects our confidence in Adaptive Biotechnologies and the potential to accelerate its significant contributions to the field of immune medicine," said Matthew Rizzo, General Partner of OrbiMed. "The company is well-positioned to deliver revenue growth while continuing to innovate and expand the applications of its platform in clinical diagnostics and drug discovery."

DLA Piper LLP (US) acted as the Company’s legal advisor, and Covington & Burling LLP acted as OrbiMed’s legal advisor.

Targovax to present at upcoming conferences

On September 12, 2022 Targovax ASA reported that members of its executive management team are invited to present at upcoming conferences (Press release, Targovax, SEP 12, 2022, View Source [SID1234619401]):

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H.C. Wainwright 24th Annual Global Investment Conference, virtual
Date: 12 September 2022
Presenter: Erik Digman Wiklund, CEO
Time: Presentation available online from 07:00 EDT / 13:00 CEST

RAS Targeted Drug development summit, Boston
Date: 28 September 2022
Presenter: Lone Ottesen, CMO
Time: 12:30 EDT / 18:30 CEST

Immuno-Oncology Summit, Boston
Date: 14 October 2022
Presenter: Erik Digman Wiklund, CEO
Time: 11:45 EDT / 17:45 CEST

World Vaccine Congress Europe, Barcelona
Date: 11-14 October 2022
Presenter: Lubor Gaal, CFO
Time: TBD

Selecta Biosciences to Participate in Upcoming Investor Conferences

On September 12, 2022 Selecta Biosciences, Inc. (NASDAQ: SELB), a biotechnology company leveraging its clinically validated ImmTOR platform to develop tolerogenic therapies for autoimmune diseases, enhance gene therapies and mitigate unwanted immune responses to biologics, reported that Company’s Management will participate in upcoming investor conferences in September (Press release, Selecta Biosciences, SEP 12, 2022, View Source [SID1234619400]).

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Details on the conferences can be found below.

Cantor Fitzgerald’s Cell and Genetic Medicines Conference
Format: Panel presentation and one-on-one investor meetings, attending in-person
Panel Title: Ring Ring: Is That Large-Cap Pharma Calling? Importance of Established Partnerships in Place
Date: Thursday, September 15, 2022
Time: 8:00 a.m. ET
Location: New York, NY

To schedule a meeting with the Company, please contact your Cantor Fitzgerald representative.

Jefferies Cell and Genetic Medicine Summit
Format: Fireside chat and one-on-one investor meetings, attending in-person
Date: Friday, September 30, 2022
Time: 2:30 p.m. ET
Location: New York, NY

To schedule a meeting with the Company, please contact your Jefferies representative. The webcast of the fireside chat will be accessible in the Investors & Media section of the company’s website at www.selectabio.com.

OncXerna Therapeutics Announces New Xerna™ TME Panel Biomarker Data from Retrospective Analysis of Results from a Randomized Phase 2 Trial Evaluating Anti-PD-1 Maintenance Therapy in Esophagogastric Adenocarcinoma at the ESMO Congress 2022

On September 12, 2022 OncXerna Therapeutics, Inc. ("OncXerna"), a precision medicine company using an innovative RNA-expression based biomarker platform to predict patient responses to its targeted oncology therapeutic candidates, reported new biomarker data suggesting the Xerna TME Panel has predictive and prognostic potential in esophagogastric adenocarcinoma (Press release, OncXerna Therapeutics, SEP 12, 2022, View Source [SID1234619399]). The data are featured in a poster being presented today at the European Society for Medical Oncology (ESMO) (Free ESMO Whitepaper) Congress 2022.

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The data featured in the ESMO (Free ESMO Whitepaper) poster are from retrospective analyses of results from PLATFORM, a randomized Phase 2 trial that evaluated maintenance therapies such as the anti-PD-1 antibody durvalumab in esophagogastric adenocarcinoma patients treated with first-line chemotherapy. Analyses were performed using the Xerna TME Panel, a novel RNA gene expression-based diagnostic panel that uses a machine learning-based algorithm to classify patients based on the interplay between angiogenic and immunogenic dominant biologies of the tumor microenvironment (TME).

Using the Xerna TME Panel, researchers analyzed pre-treatment tumor biopsies to classify patients who went on to receive durvalumab maintenance therapy or active surveillance only as immune score "high" or immune score "low." These classifications were compared against clinical outcomes recorded in the trial. Results showed that immune score high patients had a poorer prognosis with active surveillance compared to immune score low patients. However, despite this poorer prognosis, immune score high patients had improved 6- and 12-month progression free survival and 24-month overall survival with durvalumab maintenance therapy compared to the immune score high patients that received active surveillance. Analyses in the poster also compared the predictive potential of Xerna TME Panel classifications in esophagogastric adenocarcinoma to that of classifications based on PD-L1 combined positive score (CPS) status.

"Though specifically tailoring therapeutic regimens for individual patients can be an effective technique in the treatment of GI cancers, its application is limited by a lack of predictive biomarkers," said Professor Ian Chau, M.D., FRCP, co-author on the poster and Consultant Medical Oncologist at The Royal Marsden NHS Foundation Trust and Professor at the Institute of Cancer Research, London & Surrey. "Data being presented at ESMO (Free ESMO Whitepaper) suggest the Xerna TME Panel can expand the applicability of personalized medicine in esophagogastric adenocarcinoma by predicting the patients who may benefit from anti-PD-1 maintenance therapy more accurately than PD-L1 CPS status. Moreover, classifications incorporating both PD-L1 CPS status and the Xerna TME Panel appear to further distinguish the subset of patients that will derive the most durable clinical benefit from checkpoint inhibitors. Taken together, these encouraging findings support the Xerna TME Panel’s potential as a diagnostic that can help us understand which patients are more likely to benefit from treatment and those that will not. This will hopefully lead to better treatment decisions and improved clinical outcomes for patients."

Key data featured in the ESMO (Free ESMO Whitepaper) poster are summarized in Tables 1A (patients randomized to active surveillance) and 1B (patients randomized to durvalumab maintenance therapy) below.

Table 1A: Survival function estimates for patients enrolled in the active surveillance arm according to Xerna TME Panel and PD-L1 CPS status. Data presented as: rate (97.5% confidence interval)

PFS: Progression-free survival; OS: Overall survival

Additionally, in PD-L1 CPS ≥5 patients who received durvalumab, 24-month OS rates were 38% and 0% in Xerna TME Panel immune score high (n=17) and low (n=9) subgroups, respectively. Twelve-month OS rates in the same subgroups were 44% and 33%, respectively.

Laura Benjamin, Ph.D., Chief Executive Officer of OncXerna Therapeutics and co-author on the ESMO (Free ESMO Whitepaper) poster, commented, "These results add to an emerging dataset suggesting the Xerna TME Panel can improve the probability of success in clinical trials of not only our internally developed product candidates, navicixizumab and bavituximab, but in trials of a wide range of precision therapies. We are fortunate to be collaborating with leading experts from industry and academia on these efforts, including my co-authors from QIAGEN GmbH, Genialis, and The Royal Marsden. I look forward to continuing our work together as we strive to leverage the XERNA TME Panel to increase the number of cancer patients that can benefit from a precision medicine approach."

A copy of the ESMO (Free ESMO Whitepaper) poster, entitled: "Predicting benefit from maintenance durvalumab after first-line chemotherapy (1L CTx) in oesophagogastric adenocarcinoma (OGA) using a novel tumour microenvironment (TME) RNA assay," will be available on the OncXerna website following the conclusion of the ESMO (Free ESMO Whitepaper) Congress.

About PLATFORM
PLATFORM was a Phase 2, randomized, multicenter, adaptive study sponsored by The Royal Marsden NHS Foundation Trust that assessed various maintenance therapies in locally advanced or metastatic esophagogastric adenocarcinoma patients. Patients initially received standard chemotherapy according to local practice based upon their HER2 status. HER2-negative patients who completed at least six cycles of standard chemotherapy, achieved stable disease or better on the end-of-treatment CT scan, and met additional eligibility criteria were then randomized to receive active surveillance only or a selected maintenance therapy, one of which was durvalumab. Results showed durvalumab maintenance therapy did not prolong PFS or OS compared to active surveillance in HER2-negative patients unselected for PD-L1 status. For more information on the trial, see Clinicaltrials.gov Identifier: NCT02678182.

About the Xerna TME Panel
The Xerna TME Panel uses proprietary RNA-based gene expression data and a machine learning-based algorithm to classify patients based on the interplay between angiogenic and immunogenic dominant biologies of the tumor microenvironment (TME). The Xerna TME Panel is an investigational assay that has not been approved and has not been demonstrated to be safe or effective for any use.